Coinbase

Coinbase CEO Brian Armstrong sells more than $1.6 million in shares

Coinbase CEO Brian Armstrong sold more than 30,000 Class A Coinbase shares for $1.6 million on Nov. 11, according to a filing with the U.S. Securities and Exchange Commission reported by Coinbase.  He also converted Class B shares into Class A shares.  Coinbase shares were trading over $340 when the company first went …

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Coinbase podría registrar ingresos de US$1200M el próximo año por la suba de las tasas de interés, según JPMorgan

Coinbase podría registrar ingresos de US$1200M el próximo año por la suba de las tasas de interés, según JPMorgan

Solo la alianza entre Coinbase y Circle, el emisor de USDC, podría contribuir con alrededor de US$700 de ingresos adicionales, estimó JPMorgan. Las dos compañías se unieron en 2018 para formar una empresa conjunta llamada CENTRE Consortium, la cual incluía una participación en los ingresos generados por los intereses de las reservas de USDC. Source …

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Coinbase Outlook 'Negative,' Credit Ratings Agency S&P Global Says

Coinbase Outlook ‘Negative,’ Credit Ratings Agency S&P Global Says

“Competitive risk has intensified in the crypto exchange sector, with the company’s market share decreasing this year,” S&P Global wrote. “We believe that as a result of market share erosion and a higher risk of margin compression, cyclical variations (peak-to-trough changes in revenue, EBITDA, and EBITDA margin) for Coinbase have exceeded our previous expectations, leading …

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SEC asks court to enforce subpoena against crypto startup Terraform Labs

Crypto firms could face fallout from SEC insider trading case against former Coinbase employee

The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) on July 21 brought parallel criminal and civil actions against a former Coinbase employee, his brother and his friend for allegedly running an insider trading scheme. While the legal proceedings play out, a number of firms may be caught in the crossfire. …

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Coinbase to launch 'nano' bitcoin futures via brokerages as it pursues CFTC approval

Coinbase to launch ‘nano’ bitcoin futures via brokerages as it pursues CFTC approval

Coinbase will roll out its first derivatives product next week with the launch of so-called “nano” bitcoin futures. In a Thursday blog post, Coinbase Derivatives Exchange — the renamed FairX, which was acquired by Coinbase this year — said it would “launch its first listed crypto derivatives product on June 27, 2022: Nano Bitcoin …

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Coinbase unveils lobbying push for a brand new US regulator focused on digital assets

Coinbase sued in relation to promotion of TerraUSD cryptocurrency

Coinbase, a digital currency wallet and trading platform, faces a class action lawsuit filed on Thursday in California Northern District Court in relation to its promotion of cryptocurrency TerraUSD, according to court documents accessed by The Block and published on its server. The lawsuit accuses Coinbase of failing to disclose the risks inherent to …

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